Commercial Business Park, Mindspace Madhapur awarded Gold Rating by IGBC

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Mindspace at Madhapur in Hyderabad was awarded the prestigious Green Existing Building Gold Rating certification by the Indian Green Building Council (IGBC).

Mindspace Madhapur is a commercial business park built by the Mumbai-based real estate conglomerate, K Raheja Corp. It is one of the leading real estate firms in Mumbai, which was founded by the Indian business person, Chandru Raheja. At present, helming the operations of the company along with him are his sons, Ravi Raheja, 46, and Neel Raheja, 44.

The sustainable practices and solutions of Mindspace Madhapur earned it 54 points by IGBC. The projects were determined as per the categories defined by the council. These include – selection and planning, materials, indoor environmental quality, water efficiency, energy efficiency, and innovation and design process.

Mindspace at Madhapur, became the first Gold Rating certified commercial campus in Hyderabad. The efforts of K Raheja Corp in green building have been significant. Across India, it is the 11th property to acquire this rating.

The project spreads across an area of 110 acres and covers 21 per cent of the landscape. Optimizing the Green Building movement in India, the campus gives space to 3,500 trees. With a built up area of over 10 mn sq ft, the project comprises of 21 commercial buildings, including Inorbit Mall, one of the biggest retail outlets in the country. These commercial buildings consists of over 80,000 occupants.

The Indian Green Building Council (IGBC), which was formed in the year 2001, is a part of the Confederation of Indian Industry (CII). It aims to enable a sustainable built environment for all. The council also carries a vision to make India one of the global leaders in the sustainable built environment by 2025.

Shabbir Kanchwala, Senior Vice President of K Raheja Corp, commented, “Green projects form the foundation of a clean environment and encourage healthy spaces. At K Raheja Corp, we have been meticulously including measures to implement best sustainable practices across all our residential and commercial projects.”

“Mindspace Madhapur is a large commercial complex with over 80,000 employees, which makes it our responsibility to provide our clients with a sustainable environment that is not just safe, but healthy too. Achieving the widely recognized IGBC Gold rating, which is a part of the prestigious Confederation of Indian Industry (CII) is a huge encouragement for the entire team. We will continue to showcase our relentless efforts to make a progressive transformation, which would benefit the society at large,” he added.

K Raheja Corp is committed towards creating green workspaces and endeavors for opportunities in promoting sustainability. The firm aims to make all their projects, both residential and commercial, LEED & IGBC ‘Green Certified’.

For their efforts in supporting the environment-friendly cause, K Raheja Corp has received several key LEED and IGBC certifications for its properties in the past. At present, a total of over 45.50 million sq ft spread across the West and South of India, has been recognized as Green Building. This includes – 29 Commercial Projects certified as Gold by LEED (Commercial Office & Hotels), 6 Commercial (commercial office & a mall) pre-certified, 7 residential projects certified, and 4 residential projects pre-certified by IGBC green homes.
Projects like Mindspace in Madhapur; Mindspace in Airoli, and Vivarea in Mumbai among others are some of the large green expanses that K Raheja Corp has developed across India.

Under the supervision of the leaders, Neel Raheja and Ravi Raheja, the company has diligently designed the best practices to ensure minimum carbon footprint. Some of these practices include – 1.47 MW of Solar Power on-site, 2 MW of Solar Power Off-site, usage of 100% Rainwater harvesting, Wastewater treatment & Reuse, and Shuttle services to curb noise pollution among others.

In 2007, K Raheja Corp also signed a memorandum of understanding (MoU) with the CII-Green Building Council to create green buildings. Since then, the company is committed towards eco-friendly construction of residential and commercial spaces across the country. Ahead in the curve of green building, K Raheja Corp has also been recognized with several awards across prestigious forums.